The Biden administration has finalized proposed payment rates for inpatient services in the coming year, and they’re not likely to be welcomed by hospitals. Initially, the Centers for Medicare & Medicaid Services (CMS) proposed a 2.6% payment increase for 2025, which providers decried as inadequate. In the final Inpatient Prospective Payment System (IPPS) rule, that increase was bumped up to 2.9%. CMS said in a press release that its new rates will likely increase payments to inpatient hospitals by $2.9 billion.
Read the full article: CMS Finalizes 2.9% Pay Bump for Inpatient Hospitals in FY2025 //
Source: https://www.fiercehealthcare.com/regulatory/cms-finalizes-29-pay-bump-inpatient-hospitals-fy2025